POSCO Holdings005490
▲ PositiveCapitalrelevance
Q2 earnings report and credit line for lithium expansion are positive financial developments.
Impact on stocks 1
Electrification & Mobility
POSCO HoldingsPOSCO Holdings reported second-quarter GAAP earnings per share of W$9.00 on revenue of W$19.25 million, according to a press release. The results were disclosed in a filing with the U.S. Securities and Exchange Commission. The company also held an earnings call and published a presentation, with additional details available on Seeking Alpha. This announcement follows recent news of POSCO securing a $700 million credit line for its Argentina lithium expansion.
POSCO HoldingsQ2 earnings report and credit line for lithium expansion are positive financial developments.